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and a hat for 38 bucks. >> add a cup of coffee and a hot dog. >> while we use the word trousers, bob pisani is here watching what's good morning, bob. >> happy monday, everybody. did you notice the market. nice rally here. again, the market is demonstrated that it believes a deal on the fiscal cliff is coming. i know. i didn't hear it over the weekend. headline risk was all anybody wanted to talk about on friday. if anybody says that a deal is not happening or it's going nowhere, we could wake up down 15 points on the s&p on monday. guess what? boehner said the deal is going nowhere. now, when i call the bulls on this, they say, bob, they didn't say a deal was off. they just said so far the negotiations are going nowhere. the market still believes that a deal is coming and it's going to be a substantive deal. instead and by the way, geithner insisted on tax rates issues. looks like there may be something happening eventually. we didn't fall apart on the whole thing. even futures weren't down overnight. instead we rally on a little bit overnight on the greek deal and for those that don't kno
to republican senator bob corker. >> there is a growing group of folks that are looking at this and realizing we don't have a lot of cards as it relates to the tax issue before year end. a lot of people are putting forth a theory and i actually think it has merit where you go in and give the president the 2% increase that he's talking about, the rate increase on the top 2% and all of a sudden the shift goes back to entitlements. >> so senator corker, john, is part of a growing number of republicans who are saying that. let's cave on income tax rates. maybe not go all the way up to where the white house and senate democrats want. but let's give some on this so we can talk about entitlement reform, reforming medicare, reforming social security. this came on the heels of some developments on friday. remember house speaker john boehner came out and said i have no progress. this isn't a progress report. i have no progress to report. but then you also saw maybe the white house signalling that they're negotiable on just how much the rates go up because senator joe biden indicated that as well. >> and m
with you later in the program. >>> for now, we're joined by bob parker on set, senior adviser at credit suisse. bob, welcome. >> thank you. >> what do you make of this? is there any way that this is a positive in terms of perhaps opening the door towards mon at the monte serving in some sort of government? >>. >> i am assuming we're going to have a election probably in the second half of january. we're talking about a position of somewhere between 12 and 17% of the vote. so subsequently, i think fears that berlusconi may come back seem to be misplaced. i think if everyone looks at the last year and a half of what the monte government has achieved in italy, you have to be impressed. we have a strong budget climate surplus. the overall budget has come in dramatically. we've had well fare reform, pension reform. there's further work to be done on the competitiveness of italy. >> i can't tell you how much investors have been talking bullishly about italy. we know it's the eurozone's third biggest economy. obviously what happens in italy is important. they've been saying if anything the prob
bob moffett t chairman of both companies, mmr, owns a stake in pxp, board seats. it's related. >> and yet, ackerson, did we get hold of him? he's always been very pro shareholder. this is the most anti-shareholder. unless you're a very large shareholder. >> isn't he cynical? >> these guys are different, moffett and our man in chesapeake. >> thank you. they approach the world a little different. >> is it different from you? you're fitzgerald. >> i don't want to say cavalier, but they like to take risks, that's how they built their fortune in the first police, they all take risks. >> i thought if you bought freeport, you were trying to play the grassberg, big copper, the china thing, i didn't know i was getting involved in a high stakes poker match. >> yes. which is why you're selling. >> let's get to bob pisani who's on the floor watch what's moving. >> moffett wants the cash flow from freeport who helped finance the drilling for mcmoran drilling. why did they have to spend 70% premium to buy these things? if i wanted to buy them, i could have bought them a lot cheaper, i wante
#: 1-800-345-2550 well, if itmr. margin?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. >>> have you noticed that the experts may be pessimistic worrying about the fiscal cliff, but the global stock market may be on a tear? let's look at some of these numbers. this is great stuff. hong kong is up 19%. this is in the past year. german dax up 25%. the french cac up 11%. thailand up 43%. japan up 6%. year to date, the usa is up over 12%. that ain't bad. let's bring in our pal, jim iuor iuorio. you know, jim, it's turning out to be a very good year and it's turning out to be a very good year on a global basis. >> no doubt about it. but let's break it down. japan's stock market has rallied huge because of promi
, whitney houston. beat out hurricane sandy. election 2012. bob's favorite thing to commiserate about. hunger games. and to lin jeremy lin. i still have my jersey. >> bob: who is that? >> eric: basketball player. that's it for us on "the five." thank you for watching. check us out tomorrow. ♪ ♪ >> chris: the world has become even more dangerous place in the last 24 hours. the obama administration fails to keep north korea from developing and testing a long range missile. this is "special report." ♪ ♪ >> chris: good evening. i'm chris wallace in for bret baier. north korea today joined the club of nations that have put a satellite in to space. the part that worries people here in washington is the same technology can be aflied to delivering nuclear warheads to the american west coast. north korea is now part of a modern day axis of evil for the u.s. iran is thought to be working on a nuclear bomb. the explosive situation in syria passed another landmark today. we begin with chief washington correspondent james rosen at the state department. on the failure to keep the north kore
is unaccountable, saturday night at 10:00 eastern on "after words" on c-span2. >>> pennsylvania senator bob casey on syria's civil war. he spoke along with incoming house foreign affairs committee chair ed royce on iran's nuclear program. the foundation for defense of democracies hosted this event. >> welcome. welcome again to the foundation for the defense of democracies annual washington forum. my name is mark argosh and i'm a proud supporter of fdd. it brings me great pleasure to introduce another senior official doing great work on capitol hill. congressman ed royce currently chairs the subcommittee on terrorism, nonproliferation and trade. last week he was selected to be the next chairman of the house foreign affairs committee. congratulations, congressman, on this new and important role. [applause] >> thanks, mark, thank you very much. >> it's no surprise that congressman royce has been entrusted by his colleagues with the committee's gavel have. he stands consistently at the forefront at the fight against global terrorist groups that threaten the united states including al qaeda. in his un
? i did. we did, bob. we did. got it. >>> good morning. it's 8:00 on the east coast. 5:00 a.m. on the west coast. time to wake up, everyone, as you take a live look at new york city. welcome back to "morning joe." back with us on set we have donny deutsch, mark mckinnon, and richard haass. >> let's start -- there's so much to talk about but, richard, let's start in egypt. absolutely fascinating. i think a lot of people across the world were so heartened by the democratic, we thought, perhaps uprising that was going on in egypt. certainly we all knew to overthrow a dictator of 30 years, even if he was an american ally, and now you have mohamed morsi behaving like, well, a dictator. and he's now got roughly 39, 40 political parties in egypt rising up against him. it is a mess. >> what you're seeing in places like egypt is the difference between democracy and majorityism. people like morsi win elections but winning elections is the easy part. the question is whether they can govern. the question is whether there's any tolerance for minorities, for multiple points of view. he di
interesting conversations over the weekend was bob corker saying, let's just go ahead, concede to the tax argument, which would flip the entire spotlight onto entitlements, which is what republicans have been trying to get the discussion to be about over the last couple of weeks. >> when you hear about entitlements, why aren't they talking directly, you know, medicare part b koshcosts x, or medicare a, should cost this. the last thing a republican wants to do is say, look, i'm cutting back medicare. so, i mean, if you switch it to entitlements, suddenly everyone has to say, social security goes from 66 to 68. is that what we do? do we means test medicare? it is so much easier for grover who will be on cnbc, forget the fiscal cliff, i will come after you with both barrels. if you vote tax increase. what's more -- do they want to rise above a tax increase? no. do they want to rise above fiscal cliff? no. what they want it do is not rise above the radar screen of raising taxes. and grover is more powerful than a recession. i asked him point-blank on "meet the press," college chum, look, it d
. in 30 minutes, senator bob corker and kent conrad. and at 9:00 eastern, representative scott garrett and sander levin. remember "squawk on the street." >> that's right. "squawk on the street" we have a lot to come, as well. the two senators we're talking with next, two members of the gang of eight now. we'll talk to them. guys we'll send it back to you right now. >> great. thanks, guys. appreciate that. we are now, though, going to flip it over to phil lebeau who is in new york and he's got breaking news. >> as expected we knew that delta was in negotiations to buy 49% stake in virgin atlantic. the deal has been completed. the price is $360 million for that delta will increase its access to heathrow. that's really the key here. 31 daily nonstop flights. that's all part of what goes between the uk and north america for virgin atlantic. the brand remains, guys. make that clear here. the virgin atlantic brand does not go away. what changes is that delta has a 49% stake in the company. there's going to be a press conference later this morning here in new york. we're going to be talking w
here. people feel like it really keeps netflix in the game. >> we want to get a little more from bob, who is in the crowd, where berkshire has halted for news pending at this point. bob, there's been talk that berkshire quietly acoming a big stake in avida. that's now 13%. maybe it has other intentions in terms of ownership with that company. >> significant speculation just from what the news pending is. we don't know what it is. but i want to note, melissa, berkshire class a and class b shares are both halted news pending. the crowd is just sort of standing around here with orders to buy or sell, waiting to find out exactly what the news is going to be. you'll notice we're up again today. the sixth day in a row the dow industrials are up. optimism on the fiscal cliff being resolved. i'll tell you this, somebody's very wrong about 2013, because there's two camps that are quite at odds with each other right now. the first one i've been telling you about, it's been quat bearish on this. that the fiscal cliff will be a headwind for stocks. that this represents the start of a new america
, craig cook from the university of cincinnati. i remember those guys. i loved them. bob trumping, chris collinsworth. john harwood, thank you. and i was happening that rg3, no real damage, hopefully. comments, questions on anything you see here on squawk, e-mail us, squawk@cnbc.com. >>> still to come, one of the most cited voices since the fiscal cliff, erskine bowles. he he loves the rise above. first, we're going to head to the futures pits in chicago and see which stories are most likely to drive today's trading. as we head to break, some of santa's friends dawned swimsuits this weekend to take part in the santa claus run in budapest, hungary. they did their best to keep moving in below freezing temperatures. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great yea
away. we miss him. >> rest in peace. >>> let's check in with bob on that note. hey, bob. >> china. finally something from the leadership. we have been waiting for weeks, months, remember, everyone has been waiting for them to try to find where their desks are and find out where they can live and where they can stay and sit down and get used to the furniture and look around and say what are we going to do with the economy. we've been waiting no comment. we got comment from the party chief who made a speech in beijing and talked about what was going on. he used words like expanding domestic demand. used words like supporting urbanization. this is what everyone wanted to hear. those are buzz words. those are code words for stimulus. that's what the market is reacting to today. 2% move up in china in shanghai and even hong kong stocks. they moved together. this hasn't happened in a long, long time here. the bottom line is we're finally starting to hear from the leadership. they found their offices and things are starting to move and that is certainly very, very good news because now t
. senator bob corker is asking for specifics regarding the trillion in cuts that the president referred to on meet the press. and covering that from benghazi and on and on. >> and in your brew with david gregory you offered over one trillion and agreement with congress and avert the fiscal cliff. you are silent on the specifics. wrestling with the national's crisis help us to have a concrete plan and legislative language with you. >> it was interesting, very wide raging . there were not opportunities and he didn't get specifics when he talked about all of the things he's offered. at one point i offered so many changes and entitlements? i askscatched my head and wondered what changes and entitlements. he said the democrats arangry at me. i said what are the specifics. that was a interesting level. >> dave: he put in the corner and said only thing they care about is creating tax cuts for the wettley. demonize the opponent while you sate sit down. that works out it infuriate your opponent. the president's main goal is to raise taxings. put out legislation and put out a bill and vote on it
thompson. she's in for bob this morning. >> the dow is down 54 points. now just down about 34. the market is expected to move in tandem with any headlines across from washington. right now, we don't have the deal, not really a problem for the markets. of course, that could change as we head toward the close and the uncertainty builds. quick check of the european boards today. most of them were closed. those who did trade, i should say, were only traded a half day. the session there was mixed. the concerns over there continue to be will the u.s. go over the fiscal cliff. that kept pressure on some of the indices there. we're keeping watch on the bank stocks right now. we've seen a dourn-around in those there. futures popped earlier half an hour before the open. they have opened broadly to the down side in today's session. you guys were talking about it earlier, another positive reading on the pmi out of china. that seems to be lending some support to the material stocks in today's session, as you take a look at the shanghai composite, which is closing at a six-month high, or closed the new
and found a few off the record and one on the record, bob bennet, lieutenant to mitch mcconnell saying, yes, mitch told us all we're going it try to block everything we can, and if we cannot, throw sand in the works, as much as we can, and, of course, the process of filibustering, which requires the two days for the cloture motion to ripen, a lot of time on the floor as you go through the process, and then if you achieve cloture, allowing the 30 hours of the post cloture debate, and you can demand the full 30 hours, and you don't even have to debate becomes a very tempting tool to use to soak up an enormous amount of floor time because if you have an ambitious agenda as the majority, floor time becomes a very precious commodity, and it's that process, then, you know, you can point to examples of bills and nominations that ultimately pass unanimously that were taken through. in the case of bill's, in many instances, a motion, filibuster on the motion to proceed, which ended up with a cloture motion that passed overwhelmingly, but then another filibuster on the bill itself, and then we see fi
him to in michigan, senator inouye made his two lifelong friends, one senator bob dole, who as we know, became majority leader here in the senate and the republican nominee for president of the united states. and his other lifetime friend is the late senator phil hart, who was known as the conscience of the senate and the hart building, the massive senate office building, is named after him. asked by his son why after being classified as an enemy alien he and the members of the 442nd fought so heroically, senator inouye said in his usual, calm man, for the children. and for the children there could be no finer role model than senator dan inouye. he was a recipient of the medal of honor, a congressional gold medal, the highest honor can bestow. he served the distinguished service cross, a bronze star for valor and, of course, a purple heart. dan inouye showed the same dedication in congress he displayed on if battlefield. i want to take just a little bit here, mr. president, and talk about a meeting that i had, i mentioned it very previously last night but it was ten days ago. i knew se
warriors and the chamber of commerce and john kerry and bob dole. it was voted down including five key votes from friends and colleagues of bob dole. it was all over what the senate foreign relations committee -- the hearings indicated the black helicopters were not coming. this was not some crazy requirement on america. we already have the standard. it was that 26 other countries have ratified this. it went down. i am still trying to understand the opposition. >> would you think? >> i think it is fear. it is not based on fact or reality. someone is able to hype this notion we are agreeing to a one world government by ratified this treaty which simply embodies what has been our law for decades. the chamber endorsed it. but there is this year. -- but there is this fear of the government and being required to be accountable for having health insurance, the so-called mandate, even though there is help if you need it. >> the velocity of information through social media, radio, and tv, there is a lot of false information and it gets amplified so rapidly now. it is very hard for the facts to
to let the tax go up on the middle class. on the debt increase he doesn't have the same leverage. bob woodward pointed out that tim geithner said to president obama if the republicans stick to their guns on the debt limit bill you cannot reto it. the consequences will be so clam to us that you cannot veto it. so obama would have capitulated. megyn: that's what simon is saying now. that we shouldn't put the country in that position. >> the only way we'll get action on this debt. we keep spending and spending and raising our debt by $6 trillion every obama term. that's what catastrophic. the republicans need to stick to the boehner rule. a dollar of spending cuts for every dollar in spending increases. why give in on taxes and the fiscal cliff fight when you will have all the leverage. megyn: simon? >> in the rasmussen poll that came out today the republicans lost 10 points since the election in the congressional generic fight. they are losing this economic argument right now. if they pull what mark is saying, you are going to see the republican party's numbers in the 20s. they have no
educators feel about giving teachers firearms training? bob hinky is a principal at mountain crest high school. how do you feel about this? >> well, i think the teachers have that right and so i feel like it's okay, but i have some things i'm very concerned about. i personally wouldn't carry a gun or get a concealed weapon myself. the concerns i have is the concealed weapons, i have a friend who just received his a couple of years ago and through the training, they never used a gun and had a gun in the class. i worry about the training that they have to actually fire the firearm and to use it. without endangering others as well. so there things i'm concerned about, having a concealed weapon on campus of course is -- we have strict policies that relate to that to ensure everyone is safe and a teacher if they violated that policy because they don't want to put others at risk either. >> what about having the weapon in school and having a kid possibly have access to it. that opens the door for accidents. >> absolutely. that's one of the concerns. so our policy is that it has to be concealed
, that was you and me and we were driving bob michael and president bush nuts when the democrats were offering them, give us the tax increases now, we'll give you the spending cuts later and we were saying, oh, no, they'll never keep their word on the spending cuts. they'll tax the tax increases. quite frankly, the speaker has a difficult role to play here. he's seen by so many people as the principal guardian of our liberty and of sound economic policy within the context of the majority senate that frankly just think it's good for the country for the government to be bigger. the government is counterproductive to the performance of the rest of the world. >> thank you for coming on. >> i would respectfully suggest that the government is grown too big, promised too much and waited to long to restructure, but it's not too late. and i would also respectfully suggest that both political parties are responsible for that. >> absolutely right. >> we need comprehensive tax reform. and what i'm concerned about is that we're not differentiating between this fiscal cliff, it's the symptom, and the diseas
. >> ticker would be scas, by the way. >> for seaworld? >> yes. yes. yes. check with mary thompson in for bob pisani this morning. hey, mary. >> we note mixed market the dow up 7 1/2 points, continued weakness in the s & p as well as the nasdaq today, lower by semiconductors, strength in the energy sector around drug stocks in early trade. that is helping to support the dow. a number of traders say the market continues to hold up pretty well, given that there are, of course, fewer expectation wers going to reach, a grand bargain on avoiding the fiscal cliff. look at the s & p, we did have melissa mentioning this earlier, down three days in a role one strategist pointing out technically looks vulnerable, the 15-day moving average above the 200 day. if it breaks below that, we could see selling pressure heading to the end of the year. the vix which popped up earlier, this is a measure of fear on wall street. i bring this up, while we are at the highest levels in six months on the vix, well below half of where we were back in august of 2011, the debt crisis. that kind of suggests again a complac
that as well as the american people. a lot can happen. just as bob said it -- i said in my remarks that the tax issue could get resolved this weekend or it could get resolved at the beginning of next year. it will get resolved. almost all americans will not pay higher taxes next year. but it could happen this weekend. >> the meeting ends today, if there is a proposal put on the table, we're hearing about smaller-scale proposals to get enough republican support in the senate, and not just get 60 votes. do you need an estate tax -- is it ok if it's just different income and unemployment? >> it would be best to let senator mcconnell and others meet with the president today and have them talk about that in private. probably the meeting that happens today is more for optics and probably the substance occurs after that when staff begins to talk. they ought to work on that together, and i think it is best for me not to comment on what should or should not be in it. i want to come back to this -- the 112th congress has scored, litigated, debated every one of the issues that lamar and i are talking abou
hemisphere. i worked with some of my cuban- ileanaan friends, ke ros-lehtinen and bob menendez and we worked hard to put sanctions on castro to try to bring that regime down. it was not until the soviet mig that was shot down, they shot a couple of them down. one of them made it back. that created a huge for error -- furor. bill clinton was put in a difficult position. i was the author in the house and the jesse helms was the author in the senate and we worked together on the bill along with my cuban-american brands. >> that regime is still around. at the time, a number of our allies protested the bill. in the rearview mirror, how effective was it overall? do you feel good about that? >> it shows the repression is so strong in cuba, the ability of fidel castro to reach out to some of his "friends" around the world that he has been able to circumvent sanctions. i think we ought to do everything we can to bring freedom to the people of cuba. the helms-burton law was not as effective as i would have liked. >> another issue out you are associated with is autism. how did that get started? >> my g
areas. >> brian: so we can bid on this? >> yeah, there is one by bob dylan. one by ben harper, metallica. >> brian: you're looking to build skate parks, 'cause no one is building them in that area. >> right. and a lot of people skate there. skateboarding. other facilities most are choosing skates, to be honest. so we're trying to provide facilities for them. >> steve: you sell them without the wheels. what if the deal breaker is, i got to have the wheels back on? >> we'll get you some wheels, no problem. >> brian: with the emergence of the x games, do you ever wish you were coming up right now? you were the 19-year-old kid? >> honestly, i love being one of the pioneers, so to speak, and seeing it all develop and it's so amazing to me now that i get to do it into my adult life. i'm thankful for that. so not really. i can't say i'm not benefitting. >> steve: sure, because rather than just being one of the guys who do things, you're the guy who kind of invented a bunch of stuff. >> and it's fun to see the new guys coming up and the counts available to them. >> brian: you say you get nervous
's a national treasure. >> he is, he is, indeed. bob, thank you so much for being with us. good to see you. >> good to see you, gregg. patti ann: well, all eyes are on the weather as we track that deadly storm heading north right now. we have a live report just three minutes away. gregg: and as violence escalates in syria, a top general reportedly switching sides. the turning point in the civil war? gregg: fox news alert, new watches in effect now for parts of the north and south carolina. all of this part of the deadly storm system that ripped through the south yesterday. let's go to maria molina in the fox extreme weather center. maria? >> reporter: that's right, our storm system still growing, yesterday produced over 30 reports of tornadoes across portions of the south, and today we're still seeing that risk in the form of damaging wind gusts and tornadoes. tornado watch in effect right now across eastern portions of the state of north carolina and also eastern portions of the state of south carolina. basically, what that mean bs is that conditions out here are ripe for these thundersto
communicators." >> we just saw pennsylvania senator bob casey. >> the committee will come to order. we want to thank everyone for being here today. i did not have a chance to personally greet our witnesses, but i will have time to do that later. i want to thank both of our witnesses for being here. i will have an opening statement that i will make, and then i will turn it to dr. burgess. i know that vice chairman brady will be her as well. we know the challenges that we confront here in congress on a whole range of issues, which are sometimes broadly described under the umbrella of the terminology, fiscal cliff. when we confront those difficult challenges, we have to ask ourselves a couple of basic questions. one of the basic questions we must ask is, what will be the result and will be the impact as it relates to middle income families? what will happen to them in the midst of all these tough issues we have to work out? we know there is broad agreement that going over the so-called fiscal cliff would jeopardize the economic recovery. it would do that by increasing taxes on families, haltin
to the mid 30s. bob dole in the midst of the anti-immigrant sentiment of the 1990s took it back below 30. george w. bush got it back up to the magic 40% that karl rove thought was the jumping off point for neutralizing all of these questions. so, you know, we're talking about a fairly small margin of voters here. so, if you -- you know, a 10% shift in the latino votes moving 1 million to 1.3 million, you know, the actual -- what the turnout is, we don't really know yet. it's going to take a while. the exit poll numbers are losing credibility as time goes on, but that's -- i don't want to get too -- >> yes. >> you know, geeky with you [laughter] a shift to a million voters, million and a half voters, and romney would have been in the mid 30s in terms of his share, and everybody would have said, "that was a pretty good night for a republican." now, what would have happened in terms of actual states, i knew you were going to ask that -- [laughter] >> and then i want to go down the row, getting everyone. >> it's interesting, because it doesn't -- it would have -- i'll leave it to the pundits
Search Results 0 to 30 of about 31 (some duplicates have been removed)

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